Takaful Malaysia To Pay RM9.36 Million Dividend

October 19, 2011 20:18 PM

KUALA LUMPUR, Oct 19 (Bernama) -- Syarikat Takaful Malaysia Berhad (Takaful Malaysia) announced Wednesday its declaration of interim dividend of 7 per cent which will result in a payout amounting to RM9.36 million for its financial year ending Dec 31, 2011.

The company said in a statement dividend payments will be made on Dec 2 to depositors who transfer shares into their securities account before 4pm on Nov 11.

"The Group recorded operating revenue of RM636.2 million comprising RM532.5 million in gross contribution and RM103.7 million in investment income during the financial period ended June 30, representing an increase of 8.3 per cent over the same period last year of RM587.2 million," said Takaful Malaysia Group managing director Datuk Mohamed Hassan Kamil.

He said the Group also attained a favourable profit before zakat and taxation of RM49.9 million, representing a growth of 134 per cent over the same period last year of RM21.3 million.

On the six months financial result, Mohamed Hassan said the gross contribution was mainly attributable to its Family Takaful Group business, motor and fire class of business.

He added the company's new distribution channel, the 'Wakalah' or retail agency model launched in March 2010, was the main contributor to its Family Takaful Group business.

-- BERNAMA
Source : http://www.bernama.com.my/bernama/v5/newsindex.php?id=621065